All data is delayed
See More

NYDA staff down tools over bonuses

Dec 08 2011 09:19

Johannesburg - A group of National Youth Development Agency (NYDA) members have gone on strike demanding higher bonuses, according to a report on Thursday.

The Times reported that 296 workers had been protesting since Monday after refusing to accept an 8.33% performance bonus.

Workers declared a dispute, saying it did not meet their usual double-digit allocation, the newspaper reported.

They approached the Commission for Conciliation, Mediation and Arbitration, which ruled that the agency should pay them a bonus of 18% by November 30. The payments were not made and workers downed tools.

The agency was established by President Jacob Zuma to tackle youth development.

NYDA chief financial officer Khatu Ramukumba told the publication the agency had not paid the 18% bonus by November 30 because its cash flow position was not healthy.

The agency would now start paying the bonuses because the presidency had transferred their quarterly funds into its account on Wednesday, he said.

nyda  |  wage disputes



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote